October 17, 2017 l Boston. The 2017 Best Practices exclusive workshop and awards program for the industry’s truly elite firms will highlight content from the 2017 Adviser Technology Study as well as the 2017 Compensation and Staffing Study”

Companies with lump-sum pension offers

Ford

+ Zoom

In late April, Ford Motor Co. announced it would offer 98,000 white-collar retirees and former employees the option of taking their pension as a lump sum. In all, the voluntary program sought to help reduce its U.S.-based pension obligation by about a third, or roughly $16 billion. The program was the first of its kind and magnitude offered by a U.S. company for ongoing pension plans.